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"The most significant piece of climate legislation the state has ever considered" - Washington State Wire
"The most significant piece of climate legislation the state has ever considered" - Washington State Wire
SB 5126 passed out of the Senate Ways and Means Committee last night, bringing one of the legislature’s most ambitious pieces of climate legislation ever considered one step closer to enactment. The bill creates a system referred to as “cap and invest” where funds generated from auctioning the rights or licenses to create carbon emissions will be invested into capital infrastructure. In the case of the current bill, this would equal between $272m and $551m per year dedicated to transportation infrastructure starting in FY 2023.
·washingtonstatewire.com·
"The most significant piece of climate legislation the state has ever considered" - Washington State Wire
State legislative report 0302: Action moves to Senate, House floor | WAWG
State legislative report 0302: Action moves to Senate, House floor | WAWG
Monday, Feb. 22, was the second legislative deadline, when all bills must have been voted out of their respective fiscal committees to remain “alive.” Since then, the Legislature has mostly ceased committee action and is focused on floor action for the time being, which entails the entire chamber (either the House of Representatives or the Senate) considering and voting on bills. Once a bill passes out of its original chamber, it moves to the other chamber, and the entire committee process repeats.
·wawg.org·
State legislative report 0302: Action moves to Senate, House floor | WAWG